The Nifty trading at resistance zone. The increased range would give opportunity for the Big investors exit route, as they hung up putting their funds. As a retailer I am not trying to average out at this level, as I am already in loss.
Disclaimer - pls take your own decision and informed decision
Please refer to comment dated 26th June on my message dated 24th June. I did given a target of 13800 - 14500 within 1-2 years. Many might have doubted my workings.
Now, we are ahead of the timeline to the target.
Happy the market revived.
In between Sept tested heavily everyone's patience :-)
Still don't take it for granted. Trade cautiously !!
Happy investing !!
Nifty moving up slowly but steadily with limited volatality. Expected movement to 11600.
Disclaimer - The chart or information is for educational purpose. Do not take investment calls or puts basis above.
As there are new retail investors, and the investors who have missed the great opportunity to put in their money are waiting for an another opportunity to grab, so IMHO don't think any great downside, till the index reaches 11200 - 11400.
BN witness a strong support around 21k today and ended at 21.5k. In an attempt to march towards 25k over a period, an initial attempt expected to reach target 22.4k and then to 23k where next profit booking expected.